Wedge has been broken

12:42pm

Watch closely on GS.  The wedge will broken sooner or later.

12:11pm

The market is strong.  the pullback just touch the 20ema on 5min chart and bounce back.  This is a very bearish sign.  Today could be a trend day and close at day low. 

11:51am

the key thing is morning is that the wedge we’ve been watching closely for quite time, has been broken and I believe more downside is coming.  I’ve initiated some new postions this morning and will add more when it’s retesting the wedge (it may not happen, but if it happens, I will add heavily).